2024-02-26 03:39:45 ET
Summary
- FormFactor stock has powered ahead thanks mostly to AI and recent results from the leading AI play points to further gains.
- The charts are also pointing to continued gains, especially with a return to earnings growth in FY2024, with HBM in the lead.
- The Company has relied heavily on HBM to offset weakness elsewhere, which could backfire if the AI story suffers a setback.
- Long FORM has a number of solid arguments in its favor, but to do so comes at a price not everyone will be willing to fork over.
...
Read the full article on Seeking Alpha
For further details see:
FormFactor: The AI Bump Continues